Sarah Smith launches $16M fund, says AI can ‘unlock’ so much for solo GPs like herself

Sarah Smith, the founder and managing partner of Epimonas Sara Smith fundThursday announced the final completion of a $ 16 million fund I.

Smith launched his surname fund in 2022 and single GP. He said that he “shocked” by AI could unlock AI for companies like AI, Solo and Next generation. “I can’t think of the vencher in any other way now,” he said. “Although I believe that the company’s building still needs a team effort, I believe that the early stages of investment have been done alone.”

He appreciates how he can make a quick decision that does not require the approval of the committee. He was also taken to use AI to help him throughout this journey.

“Every day I am dreaming of more ways to support my founders, combine my experiences and networks with AI,” he said.

“For example, just last week, I led a value articulation project for one of my founders,” Smith also said. “It took me two to three hours when it took 20 before it. When you have an i-Native firm that can provide 10x value at 1/10 of the period, you can only make a big portfolio with a person.”

He said that he had earlier had a Million 3 million rolling fund and spent a year for this fund raising I fund I expected to invest in 50 companies and already supported 17, the average check size stands at $ 250,000. Limited partners include Peer VC, ULU Ventures and Verdis Investment Management.

Fund I basically focus on Stanford Ecosystem startups (a alumni at Smith University). He also has research to back up his focus.

“It has produced more unicorn and exit price than any university in the world,” he said Ilya Strolav It shows that 11% unicorn founders have a connection with Stanford. “Although the Legacy Sand Hill Companies spend most of their time in SF -45 minutes north of the SF, I’m twice as much on the Stanford campus.”